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Fly News Breaks for December 6, 2016
MS
Dec 6, 2016 | 08:00 EDT
UBS analyst Brennan Hawken met with Morgan Stanley management, who revealed they have an alternative plan to deal with the DOL fiduciary rule delay. The firm said they intend to push forward with a flat revenue sharing program, which will apply to both transactional and fee-based assets, resulting in greater resiliency of the revenues and modest tailwinds. Hawken believes the potential for improving investor risk appetite should drive a higher valuation. Hawken reiterated his Buy rating and $48 price target on Morgan Stanley shares.
News For MS From the Last 2 Days
MS
Apr 26, 2024 | 12:03 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
MS
Apr 26, 2024 | 10:00 EDT
Automotive data and software services provider Solera is weighing an initial public offering that may raise over $1B and has picked banks including Goldman Sachs (GS) and Morgan Stanley (MS) to work on the offering, people familiar with the matter told Bloomberg's Amy Or and Ryan Gould. Solera could launch an offering as soon as in July, the sources noted. Reference Link
